A random experiment means that: MCQ with Answer and Explanation

A random experiment means that:
A. The experiment has no outcome
B. The outcomes are uncertain but the set of all possible outcomes is known
C. The outcome can be predicted exactly
D. The experiment always gives the same result
Answer: Option B
Solution (By JKSSB Mock Tests)
In a random experiment, the result is not predictable with certainty but all possible outcomes are known.

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Practice More Statistics Questions

Question #1
In the theory of attributes, the total number of objects N is equal to:
A. (A)+(B)-(AB)
B. Both A and B
C. (AB)+(Aβ)+(αB)+(αβ)
D. (A)+(α)

Correct Answer: Option B


Explanation:
Both identities hold; (A)+(α)=N, and the sum of ultimate class frequencies also equals N.

This question belongs to: Accountancy and Statistics Statistics
Question #2
In a life table, the radix (l₀) is usually:
A. 10,000
B. 1,000,000
C. 1000
D. 100,000

Correct Answer: Option D


Explanation:
Typically, l₀ = 100,000, representing the hypothetical birth cohort.

This question belongs to: Accountancy and Statistics Statistics
Question #3
The main advantage of using secondary data is that it:
A. Saves time and cost compared to primary data collection
B. Is always tailored to the researcher's specific needs
C. Guarantees higher accuracy than primary data
D. Eliminates the need for data validation

Correct Answer: Option A


Explanation:
Secondary data is readily available from existing sources, significantly reducing the time, effort, and financial resources required for data collection compared to gathering primary data.

This question belongs to: Accountancy and Statistics Statistics